Medford mail tribune. (Medford, Or.) 1909-1989, March 17, 1959, Image 9

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Medford mail tribune., March 17, 1959, Image 9

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Newspaper Page TextI Daylight Saving Time Eyed at Chamber Roundtable Lunch Daylight saving drew com pounded interest yesterday noon (P.S.T.) at a lively open forum sponsored by the Jack son County Chamber of Com merce roundtable committee. The cost of discussing it, several persons pointed out, is often lost tempers. Although no such losses were sustained yesterday, opinion was openly divided. As Otto Ewaldsen pointed out, "One thing people get pretty selfish about is their time." A vote at the end of the session revealed that with 20 persons present there were 9 votes in favor of daylight sav ing, 5 votes opposing it and 7 indifferent - with Seth Bullis voting both for and against. Manipulation of Clocks Some asserted that after all daylight saving time Is merely a manipulation of clocks, not of nature - and if people want to save daylight they have only to rise and retire accord ingly. But human nature and clocks are not so easily disen- Obituaries DEXTER F. AMICK Grants Pass-Dexter Frank lin Amick, 81, former Central Point resident, died in Grants Pass Thursday. He taught the eighth grade for several years in Central Point. A member of the Central Point IOOF for many years, he had lived in Grants Pass the past 20 years. He is survived by his wid ow, Ina, Grants Pass; two daughters, Mrs. Laura May Ferguson, and Mrs. Tina Bak er, both of Fresno, Calif.; three sisters, Mrs. Lura Fil bert, Citrus Heights, Calif., Mrs. Odessa Gibbins, Arden, 'llif., and Mrs. Cuba Paine, Dundee; three grandchildren and two great grandchildren. Funeral services were held in Grants Pass March 14. CHARLOTTE ETHEL STALCUP The body of Charlotte E. Stalcup, who died at the home of her son, Gail W. Stal cup, 1124 Murray st., Mon day, was forwarded by Conger-Morris Funeral home to Unionville, Mo., for services and interment. Mrs. Stalcup was born July 19, 1886, in Unionville, Mo., and was married to Esterly Lee Stalcup, who preceded her in death. Survivors include two sons, Gail W. Stalcup of Medford, and O. Donald Stalcup of Rockford, 111.; one daughter, Mrs. Vivan L. VanLeuven of Spokane, and six grandchil dren. RALPH McKEE Word has been received here of the death last week of Ralph (Mac) McKee, former ly of Medford and Central Point, who made his home in California. McKee, 65, had been in failing health for several years and had been employed as a logger. He is survived by two sons, both in the armed service, and several cousins in the Rogue valley. now! mm. f WALTER .ILJ M A C0UUM8M nOOE New 22 page brochure tells HOW TO READ AM ANNUAL REPORT Knowing how to read an Annual Report may help you to determine a stock's true growth potential for the months immediately ahead. This concise booklet... Gives 10 key questions about earnings, dividends and sales yon should ask in reading any Annual Report. Tells what 3 way comparison you should make in reading a company's Income Statement. Explains 9 items on a company's Balance Sheet which have a direct bearing on your investment. Shows how to determine the net worth of your stock. You may obtain your copy by simply filling ia the coupon below. Eastman Dillon, Union Securities & Co. Membert New York Stock Exchange and Other Principal Exchangee 31! 5 Wilshire Blvd., Los Angeles 5, California A, I MWTOK MIUDttMtM . CHICACO . tALTIMOHl . lOSTM MATFOa CUVIURO MADIHC I 1ST0" ' '""SOU CARUHI MR DIMO . TtRTUR. JOOTHMR FINIS . U JOIU US KAS ';Ur : -vS-sS! Wilhout or obligation please send me a copy of your brochure "How to Read i-.4'Vr3 an Annual Report," Name Address. City gaged. "People," Ewaldsen said, "live by the clock." One argument brought for ward in support of daylight saving time yesterday was conformity to other parts of the country. A second was the benefits from such conformity to the local economy. Those representing radio, television and stock broker age interests discussed the problem of communicating with the east coast. Four Hours Difference When New York City, for example, goes on daylight saving time while Medford re mains on standard the differ ential becomes four hours. Hence, when businessmen close their doors at 5 p.m. there it is only 1 p.m. here. Those advancing the argu ment for conformity stated that daylight saving should be instituted nationally. Under the present situation it has been implemented in limited areas only - although these areas represent the greatest population concentrations. Bullis suggested a compro mise changing clocks across the nation, but only half an hour instead of a full hour. Three groups opposing day light saving time are theater interests, labor unions and farmers. Srong Lobby "Theaters have a good strong lobby" in Salem, Ray Johnson reported. The extra hour of daylight in the eve ning would be no boon to drive-in proprietors. Labor unions, were not rep resented at yesterday's meet ing. Earl Jossy, county exten sion agent, and Merton Brad shaw, an officer of the Jack son County Livestock associa tion, spoke for agricultural in terests. Jossy stated that formerly daylight saving would have worked a hardship on small herd dairymen who would have had to milk their cows in darkness, to conform to collection schedules, and then wait a while for daylight be fore they could go to work in the fields. He said that the collection deadline now is not so crucial, with storage facili ties improved and collections often made every other day. Farmer's Objection Also mentioned as a farm er's objection was the prob lem of asking hired hands to come to work and leave at different hours during day light saving time - since field work goes by the sun what ever the clocks might say. Cows, someone pointed out, Openings Announced In Federal Agencies Openings are now available for qualified accountants and auditors in the internal rev enue service, the department of defense, the general ac counting office, and other fed eral agencies in Washington, D. C, and other areas, the U. S. Civil Service commission has announced. For further information contact L. B. Nelson in the Medford post office building. ENDS TONITE RICHARD EGAN JULIE LONDON CincuaScopE MATTHAU SJL-ULJL i III JUIIj ; -State. adjust to schedule changes more easily than men. Johnson related that on one occasion when sentiment was running high a farm woman telephoned the radio station to object strenuously to day light saving. He said he asked her if the cows knew the dif ference. "They know as well as my dog does," he quoted her as replying. And, he ' added, "What could I say to that?" Locals Paiienl-Mrs. Lorraine Buck, Medford, is convalescing at Sacred Heart hospital follow ing surgery Monday. Chimney Fire Firemen were sent to a flue fire at Hoover Elementary school about 5:30 a.m. today. They reported no damage. Patients - Harry A. Newn ham, Gold Hill, and Leslie L. Babcock, 1123 West Main st., Medford, were listed as med ical patients at Medford Os teopathic hospital today. Has Surgery Mrs. Vernon W. Fields, Eugene, underwent major surgery at Medford Osteopathic hospital yester day, the hospital reported. Council To Meet The reg ular meeting of the Medford Building Trades council will be held at the Medford Labor Temple Wednesday, March 18, at 8 p.m., according to George Potucek, secretary. Sale Conlinued-The sale of plants, clothing and household goods being held by women of Medford Congregational church in the Fehl building will continue tomorrow. The doors will open at 9 a.m. Vehicles Collide A pickup truck operated by Floyd Charles Underbill, 637 Penn sylvania ave., and an automo bile operated by Francis Ar thur Monroe, 316 Clark St., collided yesterday afternoon at Haven and Oak sts., Med ford police reported. Big Y Burglary - Medford police reported a break and entry at Big Y Signal Service station, 2054 North Pacific highway, last night or early this morning. Donald Elwood Burelson, operator of the sta tion, told police an unknown quantity of motor oil had ap parently been taken. . Attends Forum John S. Humphrey, 844 East Ninth st., is attending a training forum for Mutual of New York field underwriters in San Mateo this week. Participation in the forum is awarded to new un derwriters who have attained specified sales-production lev els, it was reported. Fire Started - Mildred G. Wilkins, 609 West 10th st., informed Medford police that someone had started a fire Monday afternoon in a pile of papers and pamphlets in her garage at that address. She stated this was the third fire started in the past three weeks. Spring Broken-Harry Ray mond Randleman Jr., 108 East Main st., Rogue River, told Medford police that the right front spring of his vehicle was broken yesterday when the car struck a hole at Beatty and Manzanita sts. The inves tigating patrolman reported finding no holes in the pave ment but stated the car may have driven across a drainage ditch beside the roadway. v -Phone. Requiem Mass Set For John Ma lone, Medford Realtor A Kequiem Mass for John Cusack Malone, 65, of 132 South. Oakdale ave., who died in a local hospital Sunday, will be celebrated at Sacred Heart Catholic church Wed nesday at 9 a.m. The Very Rev. Carl Mai will officiate. Recitation of the Holy Ros ary will be held at Perl Fun eral home Tuesday at 8 p.m. Interment will be in the Sis kiyou Memorial park. Mr. Malone was born in Portland Feb. 24, 1894, and had been a resident of this community for the past 35 years. He was a real estate broker and was recently elected president of the Med ford Realty Board. He was a partner in the Watkins-Ma-lone Real Estate Agency. Mr. Malone had been in the real estate business for the past 10 years, and was a mem ber of the Medford Elks lodge. He was an orchardist for a number of years, and a veter an of World War I. Survivors include his wife, Mattie (Molly) Malone of Med ford; two sisters, Miss Honora Malone and Mrs. Kathleen Iven, both of Medford; one brother, Edmund Malone of Hayward, Calif.; two daugh ters, Mrs. Marilyn Beckwith of Seattle, and Mrs. Beverly Bergold of Grants Pass; three grandsons; and three grand daughters. Honorary pallbearers will be William Frohnmayer, Joe Naumes, Paul Garren, Joe Myers, William Wright and Phil Gates. Active pallbearers will be Charles Barnes, Jack Garrett, Dwight Houghton, Wally Watkins, Fred Chez and Louis Rentz. The Medford Elks Lodge will participate in graveside services. Plelsch Appointed To League Group John H. Pletsch, secretary- treasurer of the Jackson County Federal Savings and Loan Association, Medford, has been appointed to the 1959 committee on federal savings and loan insurance corporation law and regula tions of the United States Savings and Loan League, The appointment was an nounced by C. R. Mitchell, Kansas City, Mo., president of the league. The committee to which the local man was appointed studies the current legislative proposals and regulations af fecting insurance of accounts and those associations which have their savings accounts insured by the FSLIC. Births JACK - To Mr. and Mrs. Alva, Phoenix, Ore., March 14, 1959, girl, 73i pounds, Medford Osteopathic hospital. BUDOVIC - To Mr. and Mrs. Walter, 3397 Delta Wa ters rd., Medford, March 14, 1959, boy, 6V pounds, Med ford Osteopathic hospital. CAR D---To: Mr. and Mrs Richard A, 207 Vancouver ave., Medford, March 17, 1959, a boy, ZVi pounds, at Sacred Heart hospital. WINKELMAN To Mr and Mrs. Donald W., 2027 Barnett rd., Medford, Marcn 17, 1959, a boy, 8 pounds, Medford Osteopathic hospital TV-RADIO FIGURES Moscow -(UPD- The Soviet Union will have seven million radios and 3,500,000 televi sion sets by 1965, it was re ported last night. Window Broken-John Dale Baucom, 1208 Loal st., told Medford police that the pic ture window in his house was damaged recently, apparently with a BB gun. Nails Taken Lawrence David Konkel, 924 Summit ave., informed Medford police that 10 100-pound cartons of 16-penny nails with a value of $140 were taken from his lumber yard at that address between Saturday afternoon and Monday morning. Diapers Swiped - Ethlyn El len Broadvent, 32 Mistletoe st., informed Medford police that baby clothes, including diapers, gowns, a kimono and other items, were taken from a dryer at Koin-O-Matik pub lic laundry, 512 West Sixth St., Sunday night. . Car Taktm - Lyle Estelle, Avis-U-Drive car rental repre sentative at Medford airport, informed Medford police that an Avis car was taken from the airport parking lot, driv en 122 miles, damaged, and returned to the lot between last Thursday and Monday morning. Police estimated the damage at $200, and noted the vehicle had apparently struck a light grey object or vehicle, Arguments of Consolidation Of Medford-Phoenix Approximately 100 persons, attended a meeting last night in Phoenix called by the Com mittee for Investigation of the Medford-Phoenix School Con solidation. Fred Wilcox, Camp Baker rd.. Phoenix, opened the meet ing by briefly presenting three alternatives facing the Phoenix school district. It may remain as School District 4, join with Medford or con solidate with Talent. "I would like to see Phoe nix stay as it is, if possible, and grow as a district," Wil cox said. "We have some of the best instructors and cours es. But, we need monev for taxes. The major portion of the district's income comes from the north end and if that portion should be removed we would lose this major income source." ' With Medford If Phoenix should go with Medford, students from Phoe nix would be offered more courses and would receive a better education for the tax money spent, Wilcox said. That would place Wagner Creek, the south portion of the Phoenix district with Tal ent and Ashland. Considering the proposal for consolidation of Talent and Phoenix school districts, Wilcox said Talent is not financially healthy. If this should go through all the students would be penalized, he added. Referring to an advertise ment the committee placed in Sunday's Mail Tribune, Wil cox admitted to omissions, some intentional, some unin tentional j," He referred to an article in Sunday's Oregonian which stated the number of students from too small high schools made it necessary to have re medial courses or a continu ance of high school courses. Mark Norton, of Phoenix, asked how a portion of the Phoenix school district could join with Medford if Phoenix didn't want to give up its dis trict. Elliott Becken, assistant superintendent of Medford schools, explained that it would have to be handled by the county boundary board following receipt of petitions with the signatures of the legal requirerhent of those property owners affected. It has been the boundary board's policy not to approve such an annexation unless it is to the best interest of the youngsters affected, he added. The proposed consolidation Over-the-Counfer Western Stocks The following bid and asked prices on selected Western securi ties. Drovided by the Medford branch office of Pacific Northwest Company are unofficial and do not represent actua transactions but are intended as a guide to the approlniaf price range Common Stocks Bid Asked Bank of America 48?i 51 Calif. -Pacific Utilities.... 36 U 38 Cascades Plywood 35 38 Cons. Freightways 22 .i 23 y8 Copco 38' 4Hi First National Bank 56 '4 5S-.: Northwest Nat. Gas 18.i 20 1 4 Pacific Pwr. & Lt. . 39 Permanente Cement 27 Ts PorUand Cen. Elec 313,i 42 V, 29 34 33 75 V 36 's 27 V U. S. National Bank 71 United Utilities 33 H West Coast Tel 25 ?s Weyerhaeuser , 46 i 49 U Investment Funds Noon Quotations on selected funds supplied by th M-dford Branch of Foster & Marshall, mem bers New York Stock Exchange Fund Bid Asked Bullock 14.11 Chem Fund 21.09 Eaton Howard Stok 24.13 Fidelity .. 16.42 15.46 22 81 25.80 17 Gas Ind 14.52 Group Sec Avia-Elec 10.91 15.87 11.95 15.11 12.75 11.58 8.57 Group Sec Com Stk 13.80 uroup sec retr . li.o Group Sec Steel 10.57 Group Sec Tobac 7.82 Keystone B-3 . Keystone B-4 Keystone K-2 Keystone S-l . Keystone S-2 Keystone S-3 Keystone S-4 Mass Inv Grth Stk TV-Elec 16.53 10.65 14.27 18.85 12.86 15.18 13.23 13.44 18.03 11.19 15.57 20.51 14.03 16.57 14.44 14.53 16.92 6.49 15.52 Value Line Inc 5.94 Wellington 14.18 15.46 Weather FORECASTS Medford and vicinity: Partly cloudy with a few light showers to night and Wednesday. Low tonight 38. High Wednesday 58. Western Oregon: A few showers and periods of partial clearing to night and Wednesday. Cooler. Low tonight 38-46. flign weanesaay 48-58. Northern California: Variable cloudiness tonight. Fair Wednes day. Cooler. LOCAL DATA TEMPERATURE: Mean yesterday 31: above normal 5. Record high this date 82 in 1948 Record low this date 22 in 1955 PRECIPITATION: 24 hours to midnight, none. Midnight to 10 a.m trace. Total this month, trace, .90 inch below normal Total since Sept. 1. 9.61 inches 4.18 inches below normal. HUMIDITY: Lowest yesterday 20, highest this a.m. BOTc. High 4:30 24 Citv Yester- a.m. nr. day Low Prec Brookings 68 50 Grants Pass 72 41 Klamath Falls 69 44 MEDFORD 71 45 Portland 65 48 SeatUe 59 46 Spokane 55 36 Yakima 62 35 Eureka 71 53 Red Bluff 75 51 Sacramento 74 52 San Francisco 75 59 Los Angeles 83 54 Phoenix 74 47 Denver . 52 30 Chicago 39 16 .13 Miami Beach 79 74 New York 49 35 Washignton, D C. 55 33 with five school districts would increase the Medford school district from 22 210 miles to 361 210 square miles, he said. The boundary board usually takes jurisdic tion only on smaller pieces of property, he said. Tax Figures Richard W. Cortright, Med ford attorney, and Phoenix committee member, agreed that it would be impossible to project present tax figures to give a conclusive picture of the future financial picture with consolidation. Wilcox said Medford con tributed $120,000 to the coun ty school equalization fund. Phoenix contributed from $12,000 to $15,000, and Talent drew out $50,000 from the fund. The school equalization fund is the uniform levy spread over all districts. It should amount to 50 per cent of the estimated local school tax levied for operating pur poses. It is allocated to each of the districts on the basis of average daily membership. Medford has selected a site for a second high school on a 35-acre tract east of Crater Lake ave., and across from Brookhurst orchards, Becken said. This was selected for the existing Medfojrd and non- high districts, he added. There would have to be a good reason to give it up, he added, answering the question if a second high school might be situated in the future in or near Phoenix. Another High School Becken said if the Mediord High school enrollment reached 1,600 another high school would be planned and planning and construction would take approximately 2lz to 3 years. Additions are now being made to Medford High school which would provide for a maximum enrollment of 1,800, Becken said. Present enrollment is 1,300. The present Medford High school could not provide a vocational agricultural pro gram, Becken -aid. Whether this could be provided in the new high school "is another matter," he said. "It's a mat- More Snow Adds To Midwest Woes By United Press International Fresh snows and freezing rains piled new woes on the Great Lakes region today in the wake of a paralyzing Mid western snowstorm. Although spring is only four days away, winter show ed no signs of relenting as one to four inches of snow swept across Southern Wisconsin and Northern Illinois into In diana and lower Michigan. Nearly four inches of snow fell in Western Michigan dur ing the night and a total of six inches was expected before the state's second snowstorm in 48 hours ends. The, new snow sent the total snow mea surement at Grand Rapids, Mich., past the 100-inch mark. SHIP EXECUTIVE DIES Tucson, Ariz. -(UPD- Sidney Morgan Henry, 80, retired New York ship line executive, died Monday. Portland Livestock Portlan d (UPI)- Cattie 325 . Good-choice 972 lb. fed steers 28; standard-good 26-27; good 877 lb. feeder steers 25; utility cows 18-20; canners-cutters 15-17.50. Calves 65. Good-choice vealers 30-34. Hogs 300. U.S. 1 and 2 butchers 190-220 lb. 18.50-19; mixed 1, 2 and 3 lots 17.50-18.25; sows 300-400 lb. 14-15. SheeD 200. Good-choice lamDs 18.50-19; ewes 4-9. Portland Produce Portland (UPI) Dairy market: Eggs To retailers: Grade AA large, 42-44c doz.; A large, 40-42c; AA medium, 37-40c; AA smalls, 34 36c; cartons l-3c additional. Butter To retailers: AA and Grade A prints, 66c lb.; carton, lc higher; B prints, 64c. Cheese medium cured To re tailers: A grade Cheddar single dai sies. 41-51c; processed American cheese, 5-ib. loaf. 40-43C. Farm Market Retailers this week were selling various grades and sizes of Califor nia asparagus wiinin a is-jj cem per pound range; Oregon s asparagus acreage is the largest on record, some 1200 acres, USDA of ficials said. Poultry. Rabbits Live Chickens Quoted to grow ers at PorUand, Salem and south to Eugene; f.o.b. ranch. No. 1 quality fryers, 2a,i-4 lbs., 18c; light hens, 10-12c; heavy hens, 14-15c. Dressed Chickens No. 1 grade dressed to retailers: Fryers, whole drawn, 34-37c lb.; cut up. 39-42c; hens, heavy type whole drawn, 40 42c; light-type cut up 35-37c lb. Dressed Turkeys To retailers: frozen ready to cook, A grade young toms, 39-45c a pound, ac cording to weight; A grade young hens, same basis, 38 to 40c lb. Rabbits (average to growers f.o.b. killing plants) Live white. 33,4 4 ',2 lbs., f.o.b. Portland, 20-23c; col ored pelts, 5c under. Fresh killed fryers to retailers, 57-60c lb.; cut up, 61-64C Portland Hay, Grain Wholesale Hay Prices: No. 2 green alfalfa, baled, f.o.b. Portland and Seattle. $32-33 ton with top quality to S35-36. Wholesale Prices as reported by the Portland USDA market news service. Basis by the ton, bulk, firompt delivery, f.o.b. track, Port and. Wheat. No. 1 soft white S68.50 No. 2 Milo, Eastern shipment S51.50 No. 2 corn, Eastern shipment . S56.75-57.25 No. 2 wh. oats. 38-lb. Coast $51.50-52.00 No. 2 Western barley. Coast $49.00 Sovbean meal, 44 protein ... S75.00 Standard Millrun $43.00-44.00 Aired ter of weighing the significant needs of the students in rela tion to other vocational needs," he said. Other arguments presented favoring the Medford consoli dation were Talent would lose its state equalization fund if it goes into Phoenix, Medford is growing south and a Phoe-nix-M e d f o r d consolidation would be a natural result, bet ter preparation could be siv en for college with the larger number and more intensive courses offered in Medford. Against Consolidation Those against Medford Phoenix consolidation argued: Consolidation with Talent would give the Phoenix High school close to 300 enrollment and natural growth would take up the slack; Phoenix al ready gives good basic col lege prep courses; Talent dis trict buildings could be used with consolidation with Phoenix-Talent and would allevi ate any overcrowding of the Phoenix elementary classes. Stocks Regain Part Of Monday's Losses New York (LTD Stocks to day regained three-quarters of Monday's wide losses. The upturn reflected favor able interpretations of- Presi dent Eisenhower's address, a record high in steel product ion, and lessening fears of pos sible Federal Reserve Board moves to clamp down on bor rowing money for stock mar ket purposes. Steel shares starred. The best levels showed advances running to more than two points in the group. Automo bile stocks joined the upturn with gains running to more than a point. Oils picked up demand and moved ahead. Rails improved substantially and utilities all' but made a new high since 1930. DOW-JONES AVERAGES New York -dPB- Dow Jones final slock averages: 30 industrials 612.69, up 4.81; 20 railroads 163.67, up 1.05; 15 utilities 974.57, up 0.60, and 65 stocks 211.61, up 1.54. Sales today were about 4,730,000 shares c o m p a red with 4,420.000 shares Monday. Today's prices on selected stocks Allied Chemical 104V4 Alum Co. Am 82 Vs American Can 49 American Motors 3134 AT&T 242 Anaconda Copper .......... 74?s Armco Steel 71 Bendix Aviation 79 Bethlehem Steel 53 Vs Boeing Air 41 Caterpillar Corp 94 Chrysler Corp 58 Continental Can 52 Vs Crown Zellerbach 56V6 Curtiss Wright 32 Dow Chemical 86 Va Du Pont 230 Eastman Kodak 155V2 Firestone 145 General Electric 81 General Foods 80 General Motors 45 Georgia Pacific 655,s Graham Paige 3Vs Greyhound 18 Is Gulf Oil 115 Homestake Mining 44 Idaho Power 44 I.B.M 528 Kaiser Ind 131 Int Paper 119 Johns Manville 56 Kennecott Copper 116 Lockheed Aircraft 36V4 Katy 6 Montana Power Co 72V2 Montgomery Ward 44 V4 National Biscuit 55 New York Central 27 Pac. Gas & Elec 65V6 Penney, J. C 113 Penn RR 167si Radio Corporation 598 Richfield Oil 96 Vz Safeway 39V4 Sears 43 V4 Socony Mobil Oil 44 Southern Co 35 V4 Southern Pacific 68 V4 Standard California .... 55V2 ANDY'S BEST BUY! Priced from $4.95 si BLACK HILLS C01MJEWEIRT S&H Green Stamps ANDY'S Your Frlenily Credit Jeweler 15 North Central MAIL TRIBUNE, Medford, Oregon, Tuesday, Maren 17. 1959 Wall St New York -flJPD- The mar ket sentiment index of Inter national Statistical Bureau shows improvement and the gain indicates the internal structure of the market has improved recently despite the advance in prices, the bureau holds. Reynolds and Co. believes the Berlin situation is a minor may give the list some anxi ous moments before it is fin ally resolved. There still are no signs of any long-term technical vul nerability in the state market, says Edmund W. Tabell, ana lyst for Walston and Co. Excellent performance of the industrial division indi cates that stock values will be still higher in the foresee able future, says Van Alstyne and Co. The market looks capable of going much higher in time, says E. F. Hutton and Co. which lists some stocks that look technically higher-Caterpillar Tractor, Evans Pro ducts. Eversharp, Owens Cor ning Fiberglass, Penn - Dixie Standard Indiana 48? s Standard N.J. 515s Sun Mines 82 Texas Co. 797s Texas Gulf Sulfur 25 Tex Pac Land Trust 1534 Transamerica 2914 Trans World Air " I8V4 Tri-Continental 41? 4 Union Carbide 13134 Union Pacific . 36V2 United Aircraft 6234 United Air Lines 36Vg U. S. Rubber 5734 U. S. Steel 933,4 Youngstown S&T 129 V2 Discoverer I Said Presumed Dead Washington (UPD The De fense Department said today that Discoverer I, the first earth satellite to be launched into a pole to pole orbit, is lost and presumed dead. Roy W. Johnson, director of the department's Advanced Research Project Agency, said Discoverer's death "must be assumed" because it is no long er sending radio signals and efforts to track it with radar failed. FOR INFORMATION! ..i.i. n Clip and mail this coupon OREGON FUNERAL PLAN 414 S.E. 39th Avenu Portland 14, Oregon I I Name... I Address J City.. I " I MT i ii i - i - GIRL MAO! GUN MAD! Chicago in the 8 -MtTROCOLOR S V f CO-FEATURE ! ONE OF 1959's GREATEST Most tremendous cavalry charge ever filmed I The Cossacks, Tartars and death-defying Baschirif VAN HEFUN SILVANA MANGANO-VIVECA UNDFORS-GEOFFREY HORNE SSSSKSS PRODUCED BY DINO DtLAURENTHS I reef Chatter Cement, Phillips Petroleum, Pittsburgh Plate Glass, Radio Corp., Rheem, Robertshaw Fulton, and Scott Paper. J. W. Sparks and Co. notes the rumor market is quiet. One item being discussed now is a possible union of Litton and Underwood, the firm says. NOW SHOWING TWO OF THE GREATEST ALL-TIME HITS! 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